Startup Professionals Musings

JANUARY 22, 2020

You need to know why and how they invest, and then focus on the ones who are the best match for your startup. Typically, individual investments will be less than $100K, but a group of angels may syndicate multiples. Set a realistic valuation for your startup to attract angels.

Angel Investor 322

Angel Investor Valuation Syndicate Syndication 322

Agile VC

APRIL 17, 2011

Post-money valuation probably no higher than $12M (2). Pre-money valuation was initially set higher but was adjusted to match the Ser B valuation. Pre-money valuation was approx. Pre-money valuation was approx. Pre-money valuation was at least $250M (2). Series A-1 Preferred. Series B Preferred.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Lightspeed Venture Partners

SEPTEMBER 21, 2013

to fund the company at a $6M post money valuation from a number of investors including Selena Gomez. pre money valuation and planned to use the money to market the app. pre money valuation). pre money valuation. pre money valuation and a $2.7M But eventually two syndicates emerged. to send each postcard.

Pre-Money Valuation 159

Pre-Money Valuation Valuation Dilution Distribution 159

Both Sides of the Table

AUGUST 1, 2010

They either do too many seed investments (for which they can spend no quality time with any) or they treat it as an option (“if you succeed come back and see us and we’ll match any term sheet you get&# ) – they view it as a sort of “right of first refusal.&#. The signaling affect is overrated.

Post-Money Valuation 298

Post-Money Valuation Term Sheet Warrant Partner 298

Hunter Walker

DECEMBER 21, 2014

This would make room for a meaningful number of other investors in the syndicate but also the concentration we needed. I know some which skip these types of rounds out of fundamental concerns for valuations but Satya and I felt that wasn’t playing to our strengths. No more, no less. What’s a seed fund to do?

Cofounder 102

Cofounder Seed Stage Syndicate Syndication 102

Hippoland

SEPTEMBER 17, 2017

Investors say things like: “This founder is very fundable” or “This founder doesn’t pattern match” Ellen Pao talks about this explicitly in the excerpt of her new book. Just a couple of years ago, AngelList announced their syndicate feature. But syndicates are logistically challenging.

Silicon Valley 48

Silicon Valley Syndicate Syndication Angel Investor 48

Hippoland

SEPTEMBER 17, 2017

Investors say things like: “This founder is very fundable” or “This founder doesn’t pattern match” Ellen Pao talks about this explicitly in the excerpt of her new book. Just a couple of years ago, AngelList announced their syndicate feature. But syndicates are logistically challenging.

Silicon Valley 48

Silicon Valley Syndicate Syndication Early Stage 48